Ken Griffin Citadel Advisors
Ken Griffin founded Citadel, one of the world’s largest and most successful hedge funds. Starting his trading career from his Harvard dorm room at a young age, Griffin quickly developed a keen sense for markets and built Citadel into a global powerhouse with billions in assets under management. Known for his quantitative and technology-driven strategies, Griffin has also made headlines for significant philanthropic contributions, supporting causes in education, the arts, and public institutions. Over the years, he has earned recognition as one of the preeminent figures in modern finance.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$689M |
| 2 |
Apple
AAPL
|
+$498M |
| 3 |
BHI
Baker Hughes
BHI
|
+$265M |
| 4 |
McKesson
MCK
|
+$211M |
| 5 |
Williams Companies
WMB
|
+$181M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
HSH
HILLSHIRE BRANDS CO
HSH
|
+$224M |
| 2 |
Verizon
VZ
|
+$191M |
| 3 |
MetLife
MET
|
+$189M |
| 4 |
LSI
LSI CORPORATION
LSI
|
+$189M |
| 5 |
Wells Fargo
WFC
|
+$182M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 8.09% |
| 2 | Consumer Discretionary | 7.64% |
| 3 | Energy | 7.19% |
| 4 | Industrials | 5.71% |
| 5 | Technology | 5.58% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
76
American Tower
AMT
$79B
| $166M | 0.19% |
1,850,339
-227,467
| -11% | -$19.7M |
|
77
Bank of America
BAC
$448B
| $166M | 0.19% |
10,827,531
+6,369,678
| +143% | +$98.9M |
|
78
PUT
EOG Resources
EOG
$75.2B
| $164M | 0.19% |
1,402,700
+1,015,900
| +263% | +$107M |
|
79
Trinity Industries
TRN
$2.29B
| $163M | 0.19% |
5,192,396
+2,370,812
| +84% | +$67.2M |
|
80
Dollar General
DG
$26.5B
| $162M | 0.19% |
2,819,878
+26,572
| +1% | +$1.52M |
|
81
CALL
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$48.2B
| $161M | 0.18% |
961,400
-416,000
| -30% | -$69M |
|
82
Burlington
BURL
$22.6B
| $161M | 0.18% |
5,052,019
+2,975,562
| +143% | +$86.1M |
|
83
Micron Technology
MU
$981B
| $161M | 0.18% |
4,879,986
-1,247,920
| -20% | -$34M |
|
84
DuPont de Nemours
DD
$19.5B
| $160M | 0.18% |
1,226,446
+599,539
| +96% | +$76.4M |
|
85
Costco
COST
$419B
| $159M | 0.18% |
1,381,380
+330,193
| +31% | +$37.9M |
|
86
PUT
Meta Platforms (Facebook)
META
$1.53T
| $158M | 0.18% |
2,354,900
+240,100
| +11% | +$14.8M |
|
|
ATHL
87
DELISTED
ATHLON ENERGY INC COM
ATHL
| $156M | 0.18% |
3,266,969
-103,331
| -3% | -$4.33M |
|
|
SNV
88
DELISTED
Synovus
SNV
| $154M | 0.18% |
6,316,311
+2,254,858
| +56% | +$52.6M |
|
89
Medtronic
MDT
$116B
| $154M | 0.18% |
2,412,127
+2,196,780
| +1,020% | +$133M |
|
90
KeyCorp
KEY
$24.3B
| $153M | 0.18% |
10,705,191
-2,274,381
| -18% | -$31.4M |
|
91
Lennar Class A
LEN
$21.1B
| $152M | 0.17% |
3,803,161
+123,623
| +3% | +$4.69M |
|
|
UPL
92
DELISTED
Ultra Petroleum Corp. Common Stock
UPL
| $150M | 0.17% |
5,048,063
+1,198,091
| +31% | +$34M |
|
|
WBA
93
DELISTED
Walgreens Boots Alliance
WBA
| $147M | 0.17% |
1,987,968
-22,832
| -1% | -$1.59M |
|
94
CALL
Ovintiv
OVV
$17.6B
| $144M | 0.17% |
1,216,300
-485,480
| -29% | -$56.2M |
|
95
General Dynamics
GD
$106B
| $143M | 0.16% |
1,230,257
-109,049
| -8% | -$12.4M |
|
96
Intercontinental Exchange
ICE
$84.9B
| $139M | 0.16% |
3,681,590
+877,230
| +31% | +$34.2M |
|
97
PUT
State Street Materials Select Sector SPDR ETF
XLB
$8.72B
| $139M | 0.16% |
3,548,800
+477,800
| +16% | +$11.5M |
|
98
Netflix
NFLX
$311B
| $137M | 0.16% |
21,821,660
+18,870,040
| +639% | +$102M |
|
|
HES
99
DELISTED
Hess
HES
| $137M | 0.16% |
1,388,361
-193,034
| -12% | -$17.4M |
|
|
YHOO
100
PUT
DELISTED
Yahoo Inc
YHOO
| $136M | 0.16% |
3,870,900
+1,501,900
| +63% | +$52.4M |
|
Similar funds
Ken Griffin's Q2 2014 Portfolio in Review
As of Q2 2014, Ken Griffin held 8,883 positions worth $87.3B, up 2.3% from $85.3B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Ken Griffin withdrew a net $6.58B in Q2 2014, closing 936 positions and reducing 3,486 holdings. Its most notable exit was LSI CORPORATION, an estimated $189M position sold in full.
By sector, the portfolio is most concentrated in Financials at 8.1% of assets, down from 8.8% a quarter earlier, followed by Consumer Discretionary and Energy.
Against the trend, Ken Griffin opened a new position in MEMORIAL RESOURCE DEV CORP COM STK (DE) worth $109M.
- Ken Griffin's largest Q2 2014 buy was MEMORIAL RESOURCE DEV CORP COM STK (DE): 4,494,314 shares worth $109M.
- Ken Griffin added most to State Street SPDR S&P 500 ETF Trust in Q2 2014, an estimated $689M increase.
- Ken Griffin's biggest Q2 2014 reduction was HILLSHIRE BRANDS CO, cutting an estimated $224M.
- Ken Griffin fully exited LSI CORPORATION in Q2 2014, selling an estimated $189M.
- Ken Griffin's ten largest holdings make up 17% of its $87.3B portfolio in Q2 2014.
- Ken Griffin opened 1,058 new positions and closed 936 in Q2 2014.
- Ken Griffin's portfolio value rose 2.3% quarter-over-quarter to $87.3B.
Based on Citadel Advisors's 13F filing for Q2 2014, filed 14 Aug 2014.